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Getting to Yes, And… | Richard Thaler and Alex Imas – ‘The Winner’s Curse’
Manage episode 515208797 series 1128905
Kelly welcomes Richard Thaler, the 2017 recipient of the Nobel Memorial Prize in Economic Sciences, to the podcast along with his co-author, Professor Alex Imas, to talk about their updated version of Thaler’s seminal book “The Winner’s Curse.”
“Rationality is an assumption in economics, not a demonstrated fact.”
“People are not thinking enough about what everyone else is thinking.”
“Roughly speaking, losses hurt us about twice as much as gains.”
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.cls-7{fill:#fff;fill-rule:evenodd}167 episodes
Manage episode 515208797 series 1128905
Kelly welcomes Richard Thaler, the 2017 recipient of the Nobel Memorial Prize in Economic Sciences, to the podcast along with his co-author, Professor Alex Imas, to talk about their updated version of Thaler’s seminal book “The Winner’s Curse.”
“Rationality is an assumption in economics, not a demonstrated fact.”
“People are not thinking enough about what everyone else is thinking.”
“Roughly speaking, losses hurt us about twice as much as gains.”
Recent Posts
Second City Works presents “Getting to Yes, And”
Getting to Yes, And… | Tomas Chamorro Premuzic – ‘Don’t Be Yourself’
.cls-7{fill:#fff;fill-rule:evenodd}167 episodes
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